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SAAS Microlise News Story

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UK's Microlise Group rises on contract wins in Australia

** Shares of Microlise Group Plc  SAAS.L  jump as much as
8.8% to 123p, their highest since Aug. 17
    ** Provider of SaaS-based transport technology solutions to
fleet operators signs contracts with two of Australia's largest
grocery retailers
    ** Nottingham-based co says it signed seven-figure contract
over five-year period with a new Australian grocery retail
customer
    ** SAAS expands engagement with another leading Australian
grocery retailer worth an incremental £850,000 pounds ($1.05
mln) with a five-year renewal 
    ** Stock currently at session-high, trimming YTD losses to
around 15%


($1 = 0.8074 pounds)

 (Reporting by Aby Jose Koilparambil in Bengaluru)
 ((abyjose.koilparambil@thomsonreuters.com))

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